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Commercial Land with Existing Building
New
For Sale
$749,499

2742 E Highway 390, Panama City, FL 32405

CommercialSale, Panama City, FL

Property Size4,930 SF
Lot Size1.13 Acres
Price / SF$152.03
Days on Market6

Property Features for 2742 E Highway 390

General Information

Property type Commercial Sale
Property subtype Other
Subdivision St A B Dev Co
Elementary school Deer Point
Middle school Mowat
High school Mosley
Directions N on Hwy 77, east on Hwy 390, located on the right, between Hwy 389 and Transmitter.
Standard status Active
APN 11523-045-000
Size 4,930 SF
Lot size 1.13 Acres

Taxes and HOA fees

Tax Description 14 3S 14W -5.25- ST A B DEV CO PLAT THE EAST 136.79' OF LOT 8 LESS HWY 390 R/W ORB 4443 P 1064
Legal Description 14 3S 14W -5.25- ST A B DEV CO PLAT THE EAST 136.79' OF LOT 8 LESS HWY 390 R/W ORB 4443 P 1064

Building Details

Year built 1990
Listing Agency: Think Real Estate
Listed By: Tina Lamonica · License #BK3432425
Added: Sep 7 Changed: Sep 11 Last Checked: Sep 12 at 3:06AM
MLS# 795300

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing structure with approximately 3,067 square feet of heated and cooled space and approximately 4,930 total square feet. The improvements include an attached three-car garage, oversized concrete parking, a metal roof, private well, septic system, and a rear area enclosed by white vinyl privacy fencing. A pond is located behind the building, while the front area may accommodate additional parking, subject to applicable requirements.

Located at 2742 E Highway 390 in Panama City, the property has an estimated 2025 traffic count of approximately 15,774. It is zoned C-1 Neighborhood Commercial and carries a General Commercial Future Land Use designation. Public sewer is available roadside, and the property is in Flood Zone X. Buyers should verify zoning, allowable uses, utilities, parking, development requirements, and measurements with the appropriate authorities.

Key Highlights

  • Approximately 4,930 total square feet with approximately 3,067 heated and cooled square feet
  • 1.13‑acre commercial land parcel at 2742 E Highway 390
  • C‑1 Neighborhood Commercial zoning with General Commercial Future Land Use designation

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 32405, FL

28,158
Population
13,585
Households
2.1
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
18.8 sq mi
ZIP Area
1,498
Density / Sq Mi
$71,002
Median Household Income
$41,867
Median Earnings
$1,418
Median Rent
$255,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - C-1 Neighborhood Commercial zoning supports evaluation of several lower-intensity commercial uses, subject to applicable approvals.
Where is this commercial land located?
The property is located at 2742 E Highway 390 Panama City, FL.
What is the asking price?
The asking price for this property is $749,499.
What are key features of this property?
This property features: Approximately 4,930 total square feet with approximately 3,067 heated and cooled square feet; 1.13‑acre commercial land parcel at 2742 E Highway 390; C‑1 Neighborhood Commercial zoning with General Commercial Future Land Use designation
More about this property
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